Member Info for MartinN

We’ll see how the market reacts in 24 minutes.

Can’t wait

Study confirms Havieron pathway to a world-class, long-life, lowest

quartile cost Australian gold-copper mine, leveraging existing Telfer infrastructure

Steady state operations to generate pre-tax free cash flow of $739m p.a.1 ($1,197m p.a. at

spot gold2) from annual production target3 of 266koz Au & 9.6kt Cu, at $1,610/oz Au AISC4

Updated Ore Reserve of 38.5Mt at 2.63g/t Au & 0.33% Cu for 3.3Moz Au & 128kt Cu, the

largest Australian underground gold reserve outside of a global major gold producer

$1,065m pre-production capex expected to be fully funded from existing $750m cash,

ongoing Telfer cash flows and $500m debt commitment from Tier 1 lending syndicate5,6

Base case $2.9b post-tax NPV5% and 22.5% IRR ($5.4b NPV5% and 31.5% IRR at spot gold)

Conservative base case assumes standalone Havieron processing; potential for material

operating cost savings if Telfer mine life is extended and co-processed9

+3Moz residual Mineral Resources outside mine plan supports future extension potential7

8:15 in Sydney and no DFS ☹️

There’s always tomorrow 🤞

I presume the unwinding of derivatives can’t affect ETCs Speedy?

Recovered a bit to $7.67

We’re down 48c!!

Thanks Bellers.

Hope you’re right and AI Buffet is wrong.

Https://youtu.be/-L2aT6MU0lg

Not sure if this has been discussed on here. Can any of our experts explain why Buffet is wrong and there won’t be a gold crash in 2026 which will cause gold mining stocks to crash even further?

Just bought into a gold ETC (SGLN).

Can’t see the disadvantage compared to having it in physical form.

PJ70.

End product is 🎯 and 🚲.

Market for 💡is pretty much gone.

No Zoros, but if it did I would take advantage.

If it goes to £1.50 I’ll probably end up investing another £20k. £1 would be better. Bought a load between 5p and 6p in old money and nearly bought another 500k shares but that was if they dropped below 5p. Missed out as it didn’t happen and didn’t think I’d get the chance again.

No point moaning about a temporary SP downward blip. I’ve taken advantage by buying some more at £3.72.

PE is a topic I’ve mentioned more than once on here and it’s good to see an analysis coming to the same conclusion as myself.

Interestingly I’ve seen no forward PEs estimated just TTM PEs based on fractions of a year since the December purchase from Newmont, which is clearly going to be artificially low. It’s surprising that the SP does not even reflect a predicted forward PE taking into account the average daily income to date. Just glad I did most of my purchases with the SP at the equivalent of about £1.25 (just over 6p at the time).

ASX closed at the equivalent of £3.49 yesterday so today there was effectively a 9p drop on AIM in spite of it being an 8.5% gain if we just look at AIM. It’s already up 13p on ASX right now. Lets hope AIM can keep up in the morning.

Over 17p in old money right now!

One ounce per tonne would put it amongst the highest grades in the world Nine.

Unusual units you’re using though.

Just 2 added this time out of 6 green boxes. Must already have the rest.

Done Patrick

Thanks for your post greenmole.

It’s good when Trumpers show themselves because if they can be deluded enough to support a criminal with the judgment of a 6 year old then it’s not worth reading their opinions on anything else.

Into the green bin you go with the rest of the fools.